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    A joint venture is a business arrangement where two or more parties agree to pool their resources for a specific project or activity. The advantages of a joint venture include accessing new markets and distribution networks, increased capacity, sharing of risks and costs with a partner, and gaining new knowledge and expertise. However, potential disadvantages include unclear objectives between partners, poor communication, partners expecting different outcomes, unequal levels of expertise or investment, and unequal distribution of work and resources.

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    empresas conjuntas

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    A joint venture is a business arrangement where two or more parties agree to pool their resources for a specific project or activity. The advantages of a joint venture include accessing new markets and distribution networks, increased capacity, sharing of risks and costs with a partner, and gaining new knowledge and expertise. However, potential disadvantages include unclear objectives between partners, poor communication, partners expecting different outcomes, unequal levels of expertise or investment, and unequal distribution of work and resources.

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    Empresas Conjuntas

    Uploaded by

    Cel
    A joint venture is a business arrangement where two or more parties agree to pool their resources for a specific project or activity. The advantages of a joint venture include accessing new markets and distribution networks, increased capacity, sharing of risks and costs with a partner, and gaining new knowledge and expertise. However, potential disadvantages include unclear objectives between partners, poor communication, partners expecting different outcomes, unequal levels of expertise or investment, and unequal distribution of work and resources.

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    © All Rights Reserved
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    Joint Venture

    A joint venture (JV) is a business arrangement in which two or more parties agree to pool
    their resources for the purpose of accomplishing a specific task. This task can be a new
    project or any other business activity.

    Advantages
    ● access to new markets and distribution networks
    ● increased capacity
    ● sharing of risks and costs (ie liability) with a partner
    ● access to new knowledge and expertise, including specialised staff
    ● access to greater resources, for example, technology and finance

    disadvantages
    ● the objectives of the venture are unclear
    ● the communication between partners is not great
    ● the partners expect different things from the joint venture
    ● the level of expertise and investment isn't equally matched
    ● the work and resources aren't distributed equally

    Hargrave, M. (2003, November 23). Joint Venture (JV). Investopedia.


    https://www.investopedia.com/terms/j/jointventure.asp

    Joint venture advantages and disadvantages. (n.d.). Nibusinessinfo.co.uk; NI Business Info.


    Retrieved October 2, 2022, from https://www.nibusinessinfo.co.uk/content/joint-venture-
    advantages-and-disadvantages

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